YEARLY HIGH
196.4340 MNT
YEARLY LOW
144.2803 MNT
YEARLY AVERAGE
171.5222 MNT

2020 ZAR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 196.4340. Conversely, the yearly low was recorded on April 5, dropping to 144.2803.

This high-to-low spread represents a total annual volatility of 52.1537 MNT. From a start-to-finish perspective, comparing the January average rate of 187.6605 to the December average rate of 191.9109, the exchange rate registered a net change of 2.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 196.4340 was up 1.91% compared to the 2019 peak of 192.7461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 9,821,702 MNT
2019 Average 8,908,301 MNT
Yearly Trough Low 7,214,017 MNT
Transaction Impact: A difference of 2,607,684.86 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

196.1519
145.2597
JanuMarcMayJulySeptNove

ZAR to MNT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 167.2886, compared to 175.7558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4672 points.

H1 Avg (Jan–Jun) 167.2886
H2 Avg (Jul–Dec) 175.7558

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 26.4840 MNT (High: 180.6299 / Low: 154.1458). On the other end, October was the most stable month, with a tight range of 4.4819 MNT (High: 175.6862 / Low: 171.2043).

March Spread (Volatile) ±26.4840
October Spread (Stable) ±4.4819

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 16.7771 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -16.7771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 191.9109) against the same month in 2019 (average: 187.4048), the exchange rate shifted by +4.5060 (+2.40%).

2020 Avg (December) 191.9109
2019 Avg (December) 187.4048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 192.7327 180.2307 187.6605
February 186.2812 175.6335 182.4712
March 180.6299 154.1458 165.6941
April 154.4050 144.2803 149.5007
May 161.5735 147.3132 154.0115
June 170.3132 161.3221 164.3937
July 173.3805 164.7029 169.1593
August 172.0948 160.9042 165.4653
September 176.9945 166.8671 171.0875
October 175.6862 171.2043 173.4223
November 187.7023 175.4712 183.4896
December 196.4340 186.2376 191.9109